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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2024
Dec. 31, 2023
Assets    
Cash and cash equivalents $ 2,002 $ 4,322
Restricted cash 645 723
Trade receivables, net 246 133
Financing receivables, net 23,868 24,249
Financial receivables from Iveco Group N.V. 230 380
Inventories, net 5,951 5,545
Property, plant and equipment, net 1,909 1,913
Investments in unconsolidated subsidiaries and affiliates 615 563
Equipment under operating leases 1,354 1,417
Goodwill 3,599 3,614
Other intangible assets, net 1,247 1,292
Deferred tax assets 942 979
Derivative assets 133 136
Other assets 1,218 1,085
Total Assets 43,959 46,351
Liabilities and Equity    
Debt 26,808 27,326
Financial payables to Iveco Group N.V. 60 146
Trade payables 2,911 3,611
Deferred tax liabilities 44 35
Pension, postretirement and other postemployment benefits 443 476
Derivative liabilities 178 216
Other liabilities 5,853 6,307
Total Liabilities 36,297 38,117
Redeemable noncontrolling interest 60 54
Common shares, €0.01, par value; outstanding 1,253,775,140 common shares and 370,995,605 loyalty program special voting shares at 6/30/2024; and outstanding 1,290,937,585 common shares and 371,000,610 loyalty program special voting shares at 12/31/2023 25 25
Treasury stock, at cost; 110,625,056 shares at 6/30/2024 and 73,462,611 at 12/31/2023 (1,317) (865)
Additional paid in capital 1,401 1,578
Retained earnings 9,993 9,750
Accumulated other comprehensive income (loss) (2,564) (2,374)
Noncontrolling interests 64 66
Total Equity 7,602 8,180
Total Liabilities and Equity $ 43,959 $ 46,351